7-Eleven NNN Property For Sale — Coeur d'Alene, ID
114 E Appleway Ave, Coeur d'Alene, ID 83814
This offering presents an exceptional opportunity to acquire a newly constructed 7-Eleven convenience store and gas station located in the rapidly expanding and affluent market of Coeur d'Alene, Idaho. The property boasts strong real estate fundamentals, situated on over an acre of land at a signalized hard corner in a highly sought-after real estate market. The investment features a 15-year absolute NNN lease with zero landlord responsibilities and 10% rent increases every 5 years. 7-Eleven, a global leader in convenience retail with over 54,000 stores worldwide, holds an 'A' S&P credit rating, providing an attractive tenant profile. The strategic location benefits from high visibility and traffic counts, with over 36,500 vehicles per day. Idaho's significant population growth further en…
- Address: 114 E Appleway Ave, Coeur d'Alene, ID 83814
- Asking price $9.43M
- 5.25% cap rate
- NOI $494,837
- 15 years remaining
- NNN lease
- Year built: 2025
- Building size: 4,769 SF
- Rent increases: 10% increase every 5 years; 10% increase at start of each option
- Guarantor: Corporate
Location
This 7-Eleven property is at 114 E Appleway Ave in Coeur d'Alene, Idaho.
Asset type: Convenience Store with Gas Station